News

Retail
Discount Retailers Move Away From eCommerce
March 11, 2020

If it weren’t for a certain pandemic that is dominating most news, the two biggest stories in retail over the past week would have been stunning at any other time. Both of them came from companies that rely on a decidedly old-school business model: brick...

Retail
Service-Based Retailers Surpass Product-Focused Merchants
March 11, 2020

Storefronts that provide services have exceeded the number of those offering clothes and other merchandise. Per a JLL report, the number of service-based retailers rose 20.5 percent between 2002 and 2017, coming in at 1.2 million spaces, while retailers offering goods declined 4.5 percent to...

Retail
PepsiCo To Expand Energy Drink Share With Rockstar Acquisition
March 11, 2020

With an arrangement that would strengthen its commitment to energy drinks, PepsiCo will buy Rockstar Energy in a $3.85 billion deal. Pepsi has had a distribution agreement in North America with Rockstar as of 2009. The move comes as Pepsi and Coca-Cola have both been...

International
Wirecard, Grab Partner For Southeast Asia Money Transfers
March 11, 2020

German FinTech firm Wirecard is partnering with Southeast Asia’s “super app” Grab to facilitate payments and transfers, Wirecard announced on Wednesday (March 11).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Faster Payments
Faster Payment Becomes A Federal Case
March 11, 2020

There’s a battle brewing in payments. A big one. It’s the Feds versus the Free Marketeers, and the feud between them is over whose real-time payments (RTP) rails will rule them all. Get the Full Story Complete the form to unlock this article and enjoy...

International
Small Business Accounting Software FreshBooks Rolls Out In UK
March 11, 2020

With a continuation of its global expansion, small business accounting software maker FreshBooks has rolled out in the United Kingdom. The firm is also rolling out a new set of functions geared toward Biritsh business needs, Accounting Today reported. Get the Full Story Complete the...

Retail
How Amazon’s Cashierless Tech Will (Or Won’t) Change The Physical Retail Landscape
March 11, 2020

The advance of Amazon’s cashierless technology is not a new story to the retail beat as of 2020.  Since the first AmazonGo retail location opened in early 2018 with its much-hyped walk-in, walk out retail technology designed to make the line at checkout a thing...

Artificial Intelligence
Latest AI Playbook: Many FI Systems Are Too ‘Artificial’
March 11, 2020

For all the talk about artificial intelligence (AI) in financial circles at present – it seems everything is “AI-powered” – it turns out there’s a lot less genuine AI in place than we might have imagined. Get the Full Story Complete the form to unlock...

B2B Payments
Corporate Cards Find Opportunity (And Funding) In New B2B Use Cases
March 11, 2020

B2B FinTechs are once again showing off the versatility of the corporate card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....